Service New Brunswick is changing the way it issues property tax assessments.
Property owners currently get their property assessment and bill at the same time in March.
But starting in late 2021, the province will send out assessments and bills separately.
“The separation of notices will provide clarity to the distinct purposes of the property assessment program and the property tax program,” said Service New Brunswick Minister Sherry Wilson in a statement Thursday.
“A separate property assessment notice also allows property owners time to better understand and review their assessed values before they receive their property tax notice a few months later.”
SNB is preparing to implement a key recommendation of the 2017 AG report on property assessment. In the new year, NB will join almost every other province in issuing separate property tax notices and property tax (bills) notices. https://t.co/Kr4a39fpoR pic.twitter.com/dVlTYD5HVO
— Government of NB (@Gov_NB) November 28, 2019
Property owners will receive their first separate assessment notice in October and will have 30 days to request a review.
The province will then issue a separate tax bill the following March. Owners will have 90 days to pay the bill and will not be able to request a review.
The change is one of the key recommendations of the 2017 auditor general report on property assessment.
Service New Brunswick said Thursday it has implemented 14 of the 22 recommendations which impact property assessment services to date.
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